Ray Dalio says investors should have 15% of their portfolios in gold. Here’s what others think of his advice.
1. Ray Dalio recommends 15% gold allocation in portfolios due to market conditions. 2. Gold prices surged above $4,000 an ounce amid rising inflation and fiscal deficits. 3. Dalio's view contrasts with traditional advice favoring stocks and bonds over gold. 4. Current economic landscape resembles the inflationary context of the early 1970s. 5. Financial advisors recommend lower gold allocations, typically 2% to 10%, for portfolios.